The subscription status for the Sanco Gold IPO starts on Tuesday, July 4, 2023, and is set to conclude on July 6, 2023. Sanco Gold aims to raise approximately ₹405 crores through its initial public offering (IPO). The allocation for retail investors stands at 35%, while qualified institutional buyers (QIB) have been allocated 50%, and non-institutional investors (NII) have been given a quota of 15%. The price range for the IPO has been fixed at ₹301 to ₹317 per equity share.
The minimum market lot for the Sanco Gold IPO is 47 shares, requiring an application amount of ₹14,899. This IPO is categorized as a Mainline IPO and is set to be listed on both the BSE and NSE exchanges.
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As per the Past Balance sheet and current IPO GMP you may apply for the Listing gain
Senco Gold IPO Subscription Status – Day 3 IPO Closed
Category Day 3
QIB 190.56
NII 68.44
bNII 72.05
sNII 61.23
RII 16.28
Total 77.25
The Investor categories for the Sanco Gold IPO are as follows:
Qualified Institutional Buyers (QIB): This category includes financial institutions, banks, foreign institutional investors (FIIs), and mutual funds.
Non-Institutional Investors (NII): Individual investors, non-resident Indians (NRIs), companies, trusts, and other similar entities fall under this category.
Retail Individual Investors (RII): Retail individual investors and NRIs are eligible for this category.
Employee (EMP): This category is specifically for eligible employees.
Others: Eligible only for shareholders (who do not fall into the organizations and institutions categories can participate under this category.)
How to apply Sanco Gold IPO
To apply for the Sanco Gold IPO, you have two options. The first option is to apply via ASBA (Application Supported by Blocked Amount) available in your bank account. Simply log in to your online bank account, navigate to the Invest section, and select the Sanco Gold IPO to apply using your bank account. Alternatively, you can download the IPO forms online, fill them out, and submit them either at your bank or through your broker. Look for the Sanco Gold forms, which can be downloaded as blank IPO forms.
FAQs for the Sanco Gold IPO subscription status:
When the Sanco Gold IPO subscription period start and end?
The subscription period began on Monday, July 4, 2023, and concluded on July 6, 2023 for the Retail investors, QIB and NII.
How much does Sanco Gold aim to raise through its IPO?
Sanco Gold aims to raise approximately ₹405 crores through its initial public offering.
How to subscribe or apply Sanco Gold IPO?
you have two options available: ASBA and Non-ASBA. With ASBA, you can apply for the IPO online through your bank account. Alternatively, you can download the IPO form online or obtain a physical form and submit the filled form to your broker or bank.
How can I check live IPO Subscription Numbers for Sanco Gold IPO?
If you want to check the live subscription numbers for the Sanco Gold IPO today, you can visit our portal where we provide real-time updates. We update the subscription numbers on an hourly basis, sourcing the information from official websites. Additionally, you can also visit the official websites dedicated to the particular IPO to check the live subscription status.